Low liquidity of cloud markets can result in market instability and inefficiency, preventing the successful implementation of ubiquitous computing on demand. To circumvent this issue, it has been suggested to channel demand and supply into a limited number of standardized services. These...

In the Grid Computing environment, many users need the results of their calculations within a specific period of time. Those users are willing to pay for getting their work completed on time. However, this requirement must be agreed on in a Service Level Agreement (SLA) by both, the user and the...

Due to the large variety in computing resources and, consequently, the large number of different types of service level agreements (SLAs), computing resource markets face the problem of a low market liquidity. Restricting the number of different resource types to a small set of standardized...

Cloud computing is supposed to offer resources (i.e., data, software, and hardware services) in a manner similar to traditional utilities such as water, electricity, gas, and telephony. However, the current Cloud market is fragmented and static, preventing the successful implementation of...

As cloud federation allows companies in need of computational resources to use computational resources hosted by different cloud providers, it reduces the cost of IT infrastructure by lowering capital and operational expenses. This is the result of economies of scale and the possibility for...

Due to the large variety in computing resources and, consequently, the large number of different types of Service Level Agreements (SLAs), any market for computing resources faces the potential problem of a low market liquidity. To counteract this problem, offering a set of standardized...

Cloud computing markets face challenges, such as a large variety of different resource types in the market. A large variety of resource types results in a low number of matches of ask and bids. Consequently, the market has a low liquidity, which is economically inefficient and can lead to market...

Research into computing resource markets has mainly considered the question of which market mechanisms provide a fair resource allocation. However, while developing such markets, the definition of the unit of trade (i.e. the definition of resource) has not been given much attention. In this...

Cloud computing aims at allowing customers to utilize computational resources and software hosted by service providers. Thus, it shifts the complex and tedious resource and software management tasks typically done by customers to the service providers. Besides promising to eliminate these...

In this paper, we present agent-based simulations that model the interactions between software buyers and vendors in a software market that offers Software-as-a-Service (SaaS) and perpetual software (PS) licensing under different pricing schemes. In particular, scenarios are simulated, in which...